Annual Review. The Board of Directors of the Company during the Contract Period shall review annually, or at more frequent intervals which the Board determines is appropriate, the Executive’s compensation and shall award him additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.
Performance and Salary Review. The Board of Directors (or the Compensation Committee thereof) will periodically review Executive’s performance on no less than an annual basis. Adjustments to increase salary or other compensation, if any, will be made by the Board of Directors (or Compensation Committee) in its sole and absolute discretion.
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